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Below is an in-depth analysis and side-by-side comparison of Rockn' Joe Coffeehouse & Bistro vs Cocoa Grinder including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $218,000 - $414,000 | $178,730 - $265,100 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1993 | 2013 |
Year Franchised | 2005 | 2017 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | In order to be successful as a franchise owner, you must be prepared to: * Follow a proven system. * Accept advice from others. * Work long hours. * Work without supervision or support staff. * Lead and manage a team. * Ask for help. * Take a financial risk. * Work hard.The ideal franchise owner knows that starting and building a successful business is not easy,but that the rewards outweigh the sacrifice and risk with the right opportunity. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 2 weeks+ |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Online Support Field Operations |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Regional Advertising |
Operations |
Number of employees needed to run franchised unit: 16 - 16
Absentee ownership of franchise is allowed. | Absentee Ownership Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Are you ready to Rock! Rock 'n' Joe Coffee Bar is all about creative excellence. It is a cool place for people who love exceptional coffee, premium food and quality rock 'n' roll music in a trendy and relaxing environment. Taste the award-winning and proprietary coffee masterfully blended by one of North America's premier coffee roasters. Savor the chef-select tastes of our pastries and food while enjoying the sound of rock 'n' roll music. For entrepreneurs with a passion for great proprietary coffee blends, food, specialty drinks and rock 'n' roll music - Rock 'n' Joe Coffee Bar is more than the hippest hangout in town; it's an opportunity for a whole new lifestyle.
Started by Abdul Elenani in his college years during 2013, Cocoa Grinder is more than a coffee shop. It’s an idea that for the hardworking individual of today, convenience is everything: why shouldn’t you have your specialty cup o’joe and healthy meal in the same place? Perfect for the person on the go, or the busy individual seeking to get some work done, Cocoa Grinder offers the perfect environment to enhance your daily grind or take a well-deserving break from it.
Types of Franchise